Last week was also a decline in precious metals, and Bitcoin rose once again; this time as well.
But it should break through soon. Last week's volatility was the lowest of the year, and such low volatility won't last long. When funds flow back in, they will take advantage of the low liquidity to create a big wave. Thinking that the market would give a real breakthrough when no one is playing during Christmas, but it didn't happen at all. What about this week? ZEC has already gone from 440 to 540, and there are still funds willing to participate in the market. Volatility will come eventually. If there's another big wave, I will still be ready to jump in.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Last week was also a decline in precious metals, and Bitcoin rose once again; this time as well.
But it should break through soon. Last week's volatility was the lowest of the year, and such low volatility won't last long. When funds flow back in, they will take advantage of the low liquidity to create a big wave.
Thinking that the market would give a real breakthrough when no one is playing during Christmas, but it didn't happen at all. What about this week? ZEC has already gone from 440 to 540, and there are still funds willing to participate in the market. Volatility will come eventually.
If there's another big wave, I will still be ready to jump in.